Business For Sale. Fast Food Franchise

QUIZNOS FRANCHISE RESALE21;21; 2004 YTD sales are up over 2003, and discretionary income is up by 50%;21; Located in a popular shopping center at the 10 Freeway in Baldwin Park, next to a Home Depot, and a Wal-mart Supercenter, this very popular and upscale Quiznos franchise resale is especially targeted at today';s quality-conscious customers who demand a tasty, fresher alternative to the fast food competition, especially with the recent addition of several low-carb alternative menu salad items. Its well-known, name-brand franchisor has a 22-year history of success and was one of the fastest growing sandwich chains for 2003, with over 2500 restaurants throughout the U.S. and 13 foreign countries, and a new location opening every 16 hours.This is a discretionary sale by an absentee owner with 302B; other locations, as part of a plan to streamline geographic management issues. Seller seeks a solid, entrepreneurial individual interested in owning and personally operating his or her own 15-year full term fast food franchise, ideally a hands-on individual who takes pride in building their own business and serving a quality product to their community.Franchisor requires new franchisees to have a minimum 24;125K net worth with 24;75K in liquid assets and a minimum FICO (BEACON) score of 670 (approximate), no personal bankruptcies, and must pass basic English and math proficiency tests. In addition to the sale price, the Buyer will also pay for a Franchise Transfer Fee (24;6,250), physical upgrade (24;3K - 24;12K), Grand Opening advertising and promotional costs (24;3 - 24;4K), and inventory 26; supplies (24;4K- 24;6K). The buyer will receive 3 weeks of new owner training at a Franchisor-owned location, plus 1 week of training at the Franchisor';s corporate office.By contrast, new franchise owners pay an initial franchise fee of 24;25,000. Average new franchise development and build-out costs are 24;210 K- 24;220K for leasehold improvements, equipment, staff hiring and training and grand opening promotional costs. Call or write Brian Gunshor, Sunbelt Business Brokers of Southern Cal 40; 310-539-8300 or bgunshor40;bizsellbroker.com. ACT NOW21;21;